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enThe Unprecedented Happens All the Timehttp://wealthmanagement.com/blog/unprecedented-happens-all-time
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In late 2011, early 2012, I was amazed and baffled by the valuations financial services stocks were being awarded. Having blown up (for all practical purposes) the financial system beginning in the summer of 2007, it was only natural that financial stocks should be sold off, because, well, some were insolvent. But as time wore on and the market began to recover, by four years on, I wondered why financial stocks were trading for half of their book/value or even less in some cases.</p></div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/unprecedented-happens-all-time" target="_blank">read more</a></p>http://wealthmanagement.com/blog/unprecedented-happens-all-time#commentsEquitiesVon AldoWed, 06 Mar 2013 15:43:00 +0000258591 at http://wealthmanagement.comWhy Deep-Value Funds Could Be Ready to Reboundhttp://wealthmanagement.com/blog/why-deep-value-funds-could-be-ready-rebound
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<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/why-deep-value-funds-could-be-ready-rebound" target="_blank">read more</a></p>http://wealthmanagement.com/blog/why-deep-value-funds-could-be-ready-rebound#commentsMarketsMutual FundsVon AldoThu, 21 Feb 2013 15:25:00 +0000254521 at http://wealthmanagement.comThe Pope's Monthly Retirement Payment: Not So Gaudyhttp://wealthmanagement.com/blog/popes-monthly-retirement-payment-not-so-gaudy
<div class="node-body blog-body">Our Assistant Managing Editor Diana Britton posted a note about how Saturday Night Live spoofed Pope Benedict XVI's visit to a financial advisor to discuss his retirement package. What is so interesting is how rarely popes retire. The 85-year-old Joseph Ratzinger will, according to foreign press accounts be paid 2,500 euros a month.</div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/popes-monthly-retirement-payment-not-so-gaudy" target="_blank">read more</a></p>http://wealthmanagement.com/blog/popes-monthly-retirement-payment-not-so-gaudy#commentsPeopleBlogsRetirement PlanningVon AldoTue, 19 Feb 2013 19:17:00 +0000253851 at http://wealthmanagement.comObama: "Tonight I propose . . ." More Governmenthttp://wealthmanagement.com/blog/obama-tonight-i-propose-more-government
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It&#39;s hard to imagine that President Obama would have the gall to say the words &quot;unsustainable&quot; and &quot;debt&quot; in the same sentence, let alone on the same day. Okay, let&#39;s get this straight: Raise the price of something, you get more of it (minumum wage); put aside partisan politics (hilarious); and create more jobs (seize wealth from the private economy and redistribute it to public workers, a.k.a. infrastructure improvements). As if the president of the United States could do all these things and more!&nbsp;</p></div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/obama-tonight-i-propose-more-government" target="_blank">read more</a></p>http://wealthmanagement.com/blog/obama-tonight-i-propose-more-government#commentsTaxesAsset ProtectionVon AldoWed, 13 Feb 2013 03:16:00 +0000252261 at http://wealthmanagement.comAnybody Bullish on Japan?http://wealthmanagement.com/blog/anybody-bullish-japan
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Tom Lydon, the guy who you see all over the place, on the web, at speaking engagements, today posted an interesting observation on his&nbsp;<a href="http://www.linkedin.com/profile/view?id=10881208&amp;authType=name&amp;authToken=Rkl9&amp;ref=NUS&amp;goback=%2Enmp_*1_*1_*1_*1_*1_*1_*1_*1_*1&amp;trk=NUS-body-member-name">LinkedIn page</a>. To wit:</p></div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/anybody-bullish-japan" target="_blank">read more</a></p>http://wealthmanagement.com/blog/anybody-bullish-japan#commentsMarketsStrategiesETFsMutual FundsVon AldoFri, 08 Feb 2013 14:53:00 +0000251201 at http://wealthmanagement.comAn Idiot's Guide to Screwing Up the Economyhttp://wealthmanagement.com/blog/idiots-guide-screwing-economy
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Outgoing Treasury Secretary Tim Geithner is peddling a book deal. This morning, <a href="http://bit.ly/UZuaSm">Charlie Gasparino offered</a> some book titles. The headline to this blog is just one of them. He also suggested: <strong>What I saw at the (Socialist) Revolution</strong>. Another choice one: <strong>Mysteries of Space: How a Guy with Little Between His Ears Made It So Far</strong>.</p></div>
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</ul></div><p><a href="http://wealthmanagement.com/blog/idiots-guide-screwing-economy" target="_blank">read more</a></p>http://wealthmanagement.com/blog/idiots-guide-screwing-economy#commentsIndustryLegalMarketsVon AldoThu, 07 Feb 2013 15:24:00 +0000250991 at http://wealthmanagement.comOccupy Wall Streeters in NYC Are "Children of the Elite"http://wealthmanagement.com/blog/occupy-wall-streeters-nyc-are-children-elite
<div class="node-body blog-body">The whole Occupy Wall Street movement was less spontaneous than advertised. Rather like the pre-existing anti-gun (and therefore personal liberty) political agenda that used a tragic event or two to cajole lawmakers into creating questionable legislation,</div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/occupy-wall-streeters-nyc-are-children-elite" target="_blank">read more</a></p>http://wealthmanagement.com/blog/occupy-wall-streeters-nyc-are-children-elite#commentsIndustryHigh Net WorthVon AldoTue, 29 Jan 2013 15:22:00 +0000247001 at http://wealthmanagement.comCalling All Oustanding, Philanthropic Advisors: It's Our 33rd Annual Advisors with Heart Awardshttp://wealthmanagement.com/blog/calling-all-oustanding-philanthropic-advisors-its-our-33rd-annual-advisors-heart-awards
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If you are a retail financial advisor (independent, RIA-affiliated, wirehouse --- it doesn&#39;t matter where you sit), please contact me or any of WealthManagement.com and REP. staffers. We are searching for candidates to receive our 33rd annual Advisors with Heart Awards. The award and profiles (and how-to incorporate philanthropic advice into your practices) will appear in the May issue, both in print and online.&nbsp;</p></div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/calling-all-oustanding-philanthropic-advisors-its-our-33rd-annual-advisors-heart-awards" target="_blank">read more</a></p>http://wealthmanagement.com/blog/calling-all-oustanding-philanthropic-advisors-its-our-33rd-annual-advisors-heart-awards#commentsFiduciary ProfessionsRIAsPhilanthropyVon AldoMon, 28 Jan 2013 20:02:00 +0000246661 at http://wealthmanagement.comInvestors Sold Off U.S. Equity Funds. Wait. Whoops. They didn't. ICI Muffs Its Own Data.http://wealthmanagement.com/blog/investors-sold-us-equity-funds-wait-whoops-they-didnt-ici-muffs-its-own-data
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U.S. domestic stock funds have been being sold off by retail investors for so long that even the Investment Company Institute got used to saying the word, &quot;outflow.&quot; See correction I received just now.&nbsp;</p>
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<strong>CORRECTION: </strong>During the week ending 1/9/2013, equity funds had estimated inflows of $14.33 billion (NOT outflows, as previously stated). We apologize for the inconvenience.</p>
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<strong>From:</strong>ICI Public Communications</p></div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/investors-sold-us-equity-funds-wait-whoops-they-didnt-ici-muffs-its-own-data" target="_blank">read more</a></p>http://wealthmanagement.com/blog/investors-sold-us-equity-funds-wait-whoops-they-didnt-ici-muffs-its-own-data#commentsIndustryMarketsETFsMutual FundsVon AldoWed, 23 Jan 2013 21:26:00 +0000245191 at http://wealthmanagement.comBernstein Research Raising Earnings Estimates On TD Ameritradehttp://wealthmanagement.com/blog/bernstein-research-raising-earnings-estimates-td-ameritrade
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We&#39;ve written extensively about how RIA platforms/custodians have had full pipelines on the back of a continuing trend of &quot;breakaway&quot; brokers. We even recently wrote a story about how do-it-yourself brokerages were becoming a force to be reckoned with. Well, TD Ameritrade (Ticker: AMTD)., the parent of TD Ameritrade Insitutional, posted some good numbers. &nbsp;this morning released&nbsp;</p>
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<strong><u>AMTD: Posting Record Net New Asset Flows (PDF Attached)</u></strong></p></div>
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</ul></div><p><a href="http://wealthmanagement.com/blog/bernstein-research-raising-earnings-estimates-td-ameritrade" target="_blank">read more</a></p>http://wealthmanagement.com/blog/bernstein-research-raising-earnings-estimates-td-ameritrade#commentsMarketsRIAsTD AmeritradeEquitiesVon AldoWed, 23 Jan 2013 15:11:00 +0000244981 at http://wealthmanagement.comNice Speech, Obama. Shame about the Facts: What's an FA to Do, Planning-Wise?http://wealthmanagement.com/blog/nice-speech-obama-shame-about-facts-whats-fa-do-planning-wise
<div class="node-body blog-body">Yes, I am reaching back into the archives on this argument, but the point is still valid: If you have clients who are expecting their DB plans to come through during retirement or, heaven forbid, rely upon social security, whew! </div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/nice-speech-obama-shame-about-facts-whats-fa-do-planning-wise" target="_blank">read more</a></p>http://wealthmanagement.com/blog/nice-speech-obama-shame-about-facts-whats-fa-do-planning-wise#commentsFiduciary ProfessionsMarketsRetirement PlanningVon AldoMon, 21 Jan 2013 22:38:00 +0000244421 at http://wealthmanagement.comObama's Inaugural Speech Today Was Frightening --- from a Fiscal Standpointhttp://wealthmanagement.com/blog/obamas-inaugural-speech-today-was-frightening-fiscal-standpoint
<div class="node-body blog-body">All in, Obama hit all the liberal themes: Eat the rich, let's spend on infrastructure projects and clean energy, and don't touch entitlements!</div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/obamas-inaugural-speech-today-was-frightening-fiscal-standpoint" target="_blank">read more</a></p>http://wealthmanagement.com/blog/obamas-inaugural-speech-today-was-frightening-fiscal-standpoint#commentsMarketsPeopleAsset ProtectionHigh Net WorthVon AldoMon, 21 Jan 2013 19:01:00 +0000244381 at http://wealthmanagement.comBanks Sitting on a Mountain of Cash. Why? Fear of the Unknown --- Future Government Regulationshttp://wealthmanagement.com/blog/banks-sitting-mountain-cash-why-fear-unknown-future-government-regulations
<div class="node-body blog-body">Is Obama the new FDR? Seems like it to me. Both believed that unelected bureaucrats from Ivy League schools knew better than individual people how to run their businesses, their lives.</div>
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</ul></div><p><a href="http://wealthmanagement.com/blog/banks-sitting-mountain-cash-why-fear-unknown-future-government-regulations" target="_blank">read more</a></p>http://wealthmanagement.com/blog/banks-sitting-mountain-cash-why-fear-unknown-future-government-regulations#commentsMarketsTaxesVon AldoSun, 20 Jan 2013 15:18:00 +0000244191 at http://wealthmanagement.comJack Lew: Good for Wall Street, Bad for Investors? Oh, Puh-leeez. Finance Is Already One of Most Regulated Industrieshttp://wealthmanagement.com/blog/jack-lew-good-wall-street-bad-investors-oh-puh-leeez-finance-already-one-most-regulated-industr
<div class="node-body blog-body">Deregulation did not --- as in did not --- cause the financial crisis: Misregulation did. I keep reading, and hearing references to, the deregulation of Wall Street </div>
<div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/von-aldo">Von Aldo</a></li>
</ul></div><p><a href="http://wealthmanagement.com/blog/jack-lew-good-wall-street-bad-investors-oh-puh-leeez-finance-already-one-most-regulated-industr" target="_blank">read more</a></p>http://wealthmanagement.com/blog/jack-lew-good-wall-street-bad-investors-oh-puh-leeez-finance-already-one-most-regulated-industr#commentsLegalMarketsReal EstateVon AldoSat, 12 Jan 2013 18:57:00 +0000241631 at http://wealthmanagement.comThe Fiscal Cliff Deal: Drop Back 10 and Punthttp://wealthmanagement.com/blog/fiscal-cliff-deal-drop-back-10-and-punt
<div class="node-body blog-body">I’ll bet you are tired of hearing about the Fiscal Cliff carnival put on by Congress and the president. The bill, signed into law, is rather lame if you ask me. </div>
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</ul></div><p><a href="http://wealthmanagement.com/blog/fiscal-cliff-deal-drop-back-10-and-punt" target="_blank">read more</a></p>http://wealthmanagement.com/blog/fiscal-cliff-deal-drop-back-10-and-punt#commentsMarketsTaxesEstate PlanningHigh Net WorthMutual FundsVon AldoThu, 03 Jan 2013 20:46:00 +0000239031 at http://wealthmanagement.com